When was Vespa founded?

Vespa was founded in 2017 and raised its 1st funding round 6 years after it was founded.

Where is Vespa located?

Vespa is headquartered in Trondheim, Norway.

How many employees does Vespa have?

As of Jun 30, 2026, the latest employee count at Vespa is 68.

Is Vespa a funded company?

Vespa is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Nov 02, 2023.

When was the latest funding round of Vespa?

Vespa's latest funding was a $***** Series A round on Nov 02, 2023, with participation from 1 investor.

Where does Vespa rank among its competitors?

Vespa ranks 9th amongst 100 active competitors, of which 15 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Dnotitia, which secured $61.2M in Apr, 2026.

Who are the top competitors of Vespa?

Vespa's top competitors include VAST Data, Pinecone Systems and Qdrant. Among them, Dnotitia secured the most recent funding round in April, 2026.

Vespa - 2026 Company Profile, Team, Funding & Competitors

Vespa is a series A company based in Trondheim (Norway), founded in 2017 by Kim Omar Johansen, Frode Lundgren and Kim Omar Johansen. It operates as an AI powered vector database platform. Vespa has raised $31M in funding. The company has 100 active competitors, including 15 funded and 1 that has exited. Its top competitors include companies like VAST Data, Pinecone Systems and Qdrant.

Company Details

AI powered vector database platform. It supports vector search, lexical search, and search in unstructured datasets. It provides a converstaion AI to store, and search vector and text data in real time. It provides an artificial intelligence technology based text search engine that supports text search and approximate search to assist users in planned decision making.

Website: vespa.ai
Social
Email ID: *****@vespa.ai

Key Metrics

Founded Year

2017

Location

Trondheim, Norway

Stage

Series A

Total Funding

$31M in 1 round

Latest Funding Round

Series A, Nov 02, 2023, $*****

Investors

Blossom Capital

Ranked

9^th among 100 active competitors

Employee Count

68 as on Jun 30, 2026

Similar Companies

VAST Data & 100 more

View Vespa's full profile

Vespa is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VESPA.AI AS CIN: 931605569 , Norway, Active	Jan 04, 2023	-	-

Vespa has raised a total funding of $31M over 1 round. Its latest funding round was a Series A round on Nov 02, 2023 for $*****. 1 investor participated in its latest round. Vespa has 1 institutional investor.

Here is the list of recent funding rounds of Vespa:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 02, 2023	1409788	Series A	7925619	5922970	1729025	3294530

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View details of Vespa's funding rounds and investors

The founders of Vespa are Kim Omar Johansen, Frode Lundgren and Kim Omar Johansen. Jon Bratseth is the CEO of Vespa.

Here are the details of Vespa's key team members:

Kim Omar Johansen: Co-Founder & COO of Vespa.
Frode Lundgren: Chief Technology Officer / Founder of Vespa.
Kim Omar Johansen: Co-Founder & COO of Vespa.
Jon Bratseth: CEO of Vespa.

View details of Vespa's Founder profiles and Board Members

Vespa's employee count trend

Vespa has 68 employees as of Jun 26. Here is Vespa's employee count trend over the years:

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Top competitors of Vespa include VAST Data, Pinecone Systems and Qdrant. Here is the list of Top 10 competitors of Vespa, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	VAST Data 2016, New York City (United States), Series F	Developer of an operating system unifying storage, database, and compute	$841M	Fidelity Investments, Access Industries & 24 others	65/100
2nd	Pinecone Systems 2016, San Mateo (United States), Series B	Developer of a vector database for AI application production at scale	$138M	Wing Venture Capital, Andreessen Horowitz ... & 4 others	64/100
3rd	Qdrant 2020, Berlin (Germany), Series B	Developer of vector search engine for AI retrieval and similarity matching	$87.8M	Spark Capital, 42 Capital & 16 others	63/100
4th	Weaviate 2019, Amsterdam (Netherlands), Series B	Developer of a vector database for AI-powered search and applications	$50M	Index Ventures, Battery Ventures & 4 others	61/100
5th	DataStax 2010, Santa Clara (United States), Acquired	Provider of data management and AI application development infrastructure solutions	$305M	Meritech, Goldman Sachs Investment Partners ... & 29 others	60/100
6th	Dnotitia 2023, Seoul (South Korea), Series A	Developer of vector database and edge AI device for LLMs	$76.3M	Elohim Partners, Elohim Partners & 15 others	54/100
7th	Sqream 2010, New York City (United States), Series C	Developer of a GPU-native data acceleration platform for AI factories	$118M	Mangrove Capital Partners, Alibaba Group ... & 14 others	52/100
8th	Alchemyst 2023, Bengaluru (India), Seed	Provider of an auditable context engine for artificial intelligence agents	$1.35M	Inflection Point Ventures, Indian Startup Times ... & 33 others	49/100
9th	Vespa 2017, Trondheim (Norway), Series A	AI powered vector database platform	$31M	Blossom Capital	48/100
10th	LanceDB 2022, San Francisco (United States), Series A	Developer of a unified data platform designed for multimodal data	$41M	CRV, Theory Ventures & 8 others	46/100